Armed with some data from our friends at CrunchBase, I broke down the largest US startup funding rounds from May 2024. I have included some additional information such as industry, company description, round type, founders, and total equity funding raised to further the analysis.The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
11. Meati $100.0M
Round: Series C
Description: Boulder-based Meati Foods is a consumer goods company that provides fungi-based meat alternatives to everyone. Founded by Justin Whiteley and Tyler Huggins in 2016, Meati has now raised a total of $355.0M in total equity funding and is backed by Trinity Capital, Rockefeller Capital Management, Wellington Management, Bond, and US Department of Energy.
Investors in the round: Bond, Congruent Ventures, Grosvenor Food & AgTech, Prelude Ventures, Revolution Growth
Industry: Alternative Protein, Consumer Goods, Food and Beverage, Food Processing, Service Industry
Founders: Justin Whiteley, Tyler Huggins
Founding year: 2016
Location: Boulder
Total equity funding raised: $355.0M
The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
11. Alkira $100.0M
Round: Series C
Description: San Jose-based Alkira is a network infrastructure as-a-service company that unifies multiple clouds, sites, and users via an enterprise network. Founded by Amir Khan and Atif Khan in 2018, Alkira has now raised a total of $176.0M in total equity funding and is backed by Sequoia Capital, Koch Disruptive Technologies, Google Ventures, Geodesic Capital, and Dallas Venture Capital.
Investors in the round: Dallas Venture Capital, Geodesic Capital, Kleiner Perkins, Koch Disruptive Technologies, LIAN Group, NextEquity Partners, Sequoia Capital, Tiger Global Management
Industry: Cloud Infrastructure, Cloud Security, Information Services, Information Technology, Network Security
Founders: Amir Khan, Atif Khan
Founding year: 2018
Location: San Jose
Total equity funding raised: $176.0M
The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
10. Suno $125.0M
Round: Series B
Description: Cambridge-based Suno is a music start-up that enables anyone to make the songs they want. Founded by Georg Kucsko, Keenan Freyberg, Martin Camacho, and Mikey Shulman in 2022, Suno has now raised a total of $125.0M in total equity funding and is backed by Nat Friedman, Daniel Gross, Matrix, Lightspeed Venture Partners, and Founder Collective.
Investors in the round: Daniel Gross, Founder Collective, Lightspeed Venture Partners, Matrix, Nat Friedman
Industry: Artificial Intelligence (AI), Music
Founders: Georg Kucsko, Keenan Freyberg, Martin Camacho, Mikey Shulman
Founding year: 2022
Location: Cambridge
Total equity funding raised: $125.0M
The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
9. Transcarent $126.0M
Round: Series D
Description: Denver-based Transcarent is a provider of a healthcare platform that facilitates improved outcomes and cost-effective decisions. Founded by Glen Tullman in 2020, Transcarent has now raised a total of $424.0M in total equity funding and is backed by Memorial Hermann Health System, Human Capital, Kinnevik, GreatPoint Ventures, and General Catalyst.
Investors in the round: 7wire Ventures, Ally Bridge Group, Alta Partners, General Catalyst, Geodesic Capital, Human Capital, Kinnevik, Leaps by Bayer, Memorial Hermann Health System, Merck Global Health Innovation Fund, Threshold
Industry: Health Care, Personal Health, Software
Founders: Glen Tullman
Founding year: 2020
Location: Denver
Total equity funding raised: $424.0M
The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
8. WEKA $140.0M
Round: Series E
Description: Campbell-based WEKA is a global data platform company that delivers a cloud-native, software-based data platform for AI & next-generation workloads Founded by Liran Zvibel, Maor BenDayan, and Omri Palmon in 2013, WEKA has now raised a total of $415.1M in total equity funding and is backed by Seagate Technology, NVIDIA, Qualcomm Ventures, Qualcomm, and Hewlett Packard Enterprise.
Investors in the round: 10D, Atreides Management, Generation Investment Management, Hitachi Ventures, Ibex Investors, Key 1 Capital, Lumir Ventures, MoreTech Ventures, NVIDIA, Qualcomm Ventures, Valor Equity Partners
Industry: Artificial Intelligence (AI), Cloud Storage, Data Center, Data Management, Software
Founders: Liran Zvibel, Maor BenDayan, Omri Palmon
Founding year: 2013
Location: Campbell
Total equity funding raised: $415.1M
The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
7. Farcaster $150.0M
Round: Series A
Description: Los Angeles-based Farcaster is a social network that helps coders, fitness enthusiasts, and meme makers find people based on their interests. Founded by Dan Romero and Varun Srinivasan in 2020, Farcaster has now raised a total of $180.0M in total equity funding and is backed by Canonical Crypto, Union Square Ventures, Floodgate, Multicoin Capital, and Haystack.
Investors in the round: a16z crypto, Haun Ventures, Paradigm, Standard Crypto, Union Square Ventures, Variant
Industry: E-Commerce, Information Technology, Internet
Founders: Dan Romero, Varun Srinivasan
Founding year: 2020
Location: Los Angeles
Total equity funding raised: $180.0M
The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
7. The Bot Company $150.0M
Round: Seed
Description: San Francisco-based The Bot Company a household robot startup. Founded by Kyle Vogt and Paril Jain in 2024, The Bot Company has now raised a total of $150.0M in total equity funding and is backed by Nat Friedman, Daniel Gross, Fifty Years, Patrick Collison, and Quiet Capital.
Investors in the round: Daniel Gross, Elad Gil, Fifty Years, John Collison, Nabeel Hyatt, Nat Friedman, Patrick Collison, Quiet Capital
Industry: Robotics
Founders: Kyle Vogt, Paril Jain
Founding year: 2024
Location: San Francisco
Total equity funding raised: $150.0M
The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
6. Altruist $169.0M
Round: Series E
Description: Culver City-based Altruist is a digital investment platform that offers commission-free trading and financial advice to individuals. Founded by Jason Wenk in 2018, Altruist has now raised a total of $449.5M in total equity funding and is backed by Vanguard, ICONIQ Growth, Adams Street Partners, Insight Partners, and Rex Salisbury.
Investors in the round: Adams Street Partners, Granite Capital Management, ICONIQ Growth, Sound Ventures
Industry: Asset Management, Financial Services, FinTech
Founders: Jason Wenk
Founding year: 2018
Location: Culver City
Total equity funding raised: $449.5M
The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
5. Sigma Computing $200.0M
Round: Series D
Description: San Francisco-based Sigma Computing is a business intelligence solution providing live access to cloud data warehouses. Founded by Jason Frantz, Mike Speiser, and Rob Woollen in 2014, Sigma Computing has now raised a total of $558.0M in total equity funding and is backed by Sutter Hill Ventures, Avenir Growth Capital, XN, NewView Capital, and Snowflake Ventures.
Investors in the round: Altimeter Capital, Avenir Growth Capital, D1 Ventures, NewView Capital, Snowflake Ventures, Spark Capital, Sutter Hill Ventures, XN
Industry: Analytics, Business Intelligence, Cloud Data Services, Computer, Software
Founders: Jason Frantz, Mike Speiser, Rob Woollen
Founding year: 2014
Location: San Francisco
Total equity funding raised: $558.0M
The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
4. Vercel $250.0M
Round: Series E
Description: Covina-based Vercel’s frontend cloud gives developers frameworks, workflows, and infrastructure to build a faster, more personalized web. Founded by Guillermo Rauch in 2015, Vercel has now raised a total of $563.0M in total equity funding and is backed by Notable Capital, Nat Friedman, Bedrock, Google Ventures, and Buckley Ventures.
Investors in the round: 8VC, Accel, Bedrock, CRV, Geodesic Capital, Google Ventures, Notable Capital, SV Angel, Tiger Global Management
Industry: Apps, Developer Platform, Internet, Software
Founders: Guillermo Rauch
Founding year: 2015
Location: Covina
Total equity funding raised: $563.0M
The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
3. Figma $415.7M
Round: Venture
Description: San Francisco-based Figma is a design platform that develops web applications for interface design with offline features. Founded by Dylan Field and Evan Wallace in 2012, Figma has now raised a total of $749.1M in total equity funding and is backed by Haystack, Daniel Gross, Sequoia Capital, Andreessen Horowitz, and Fuel Capital.
Industry: Collaboration, Developer Tools, Product Design, Software, Web Apps
Founders: Dylan Field, Evan Wallace
Founding year: 2012
Location: San Francisco
Total equity funding raised: $749.1M
The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
2. Scale AI $1.0B
Round: Series F
Description: San Francisco-based Scale AI provides a data-oriented platform that assists in the development of AI applications. Founded by Alexandr Wang and Lucy Guo in 2016, Scale AI has now raised a total of $1.6B in total equity funding and is backed by Meta, Amazon, NVIDIA, Thrive Capital, and Dragoneer Investment Group.
Investors in the round: Accel, Amazon, AMD Ventures, Cisco Investments, Coatue, DFJ Growth, Elad Gil, Founders Fund, Greenoaks, Index Ventures, Intel Capital, Meta, Nat Friedman, NVIDIA, Qualcomm Ventures, ServiceNow Ventures, Spark Capital, Thrive Capital, Tiger Global Management, WCM Investment Management, Wellington Management, Y Combinator
Industry: Artificial Intelligence (AI), Data Collection and Labeling, Generative AI, Image Recognition, Machine Learning
Founders: Alexandr Wang, Lucy Guo
Founding year: 2016
Location: San Francisco
Total equity funding raised: $1.6B
The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
1. xAI $6.0B
Round: Series B
Description: Burlingame-based XAI is an AI company that develops a platform to accelerate human scientific discovery. Founded by Elon Musk in 2023, xAI has now raised a total of $6.4B in total equity funding and is backed by Fidelity, Kingdom Holding Company, X (formerly Twitter), Vy Capital, and Redstone.
Investors in the round: Alwaleed Bin Talal, Andreessen Horowitz, E1 Ventures, Fidelity, Kingdom Holding Company, Page One Ventures, Redstone, Sequoia Capital, Valor Equity Partners, Vy Capital
Industry: Artificial Intelligence (AI), Generative AI, Information Technology, Machine Learning
Founders: Elon Musk
Founding year: 2023
Location: Burlingame
Total equity funding raised: $6.4B
The AlleyWatch audience is driving progress and innovation on a global scale. AlleyWatch serves as the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including developing prominent brand placement, driving demand generation, and building thought leadership among the vast majority of key decision-makers in the New York business community and beyond. Learn more about advertising to NYC Tech at scale.
